BlackRock Energy and Resources Trust (BGR) To Go Ex-Dividend on October 15th

BlackRock Energy and Resources Trust (NYSE:BGR) declared a monthly dividend on Thursday, September 10th. Shareholders of record on Thursday, October 15th will be given a dividend of 0.0973 per share on Friday, October 30th. This represents a c) dividend on an annualized basis and a yield of 6.6%. The ex-dividend date is Thursday, October 15th.

BlackRock Energy and Resources Trust Stock Performance

BGR opened at $17.61 on Friday. BlackRock Energy and Resources Trust has a 52 week low of $12.92 and a 52 week high of $17.80. The business has a fifty day simple moving average of $16.59 and a 200-day simple moving average of $16.19.

Hedge Funds Weigh In On BlackRock Energy and Resources Trust

A number of hedge funds and other institutional investors have recently bought and sold shares of BGR. Absolute Investment Advisers LLC purchased a new stake in shares of BlackRock Energy and Resources Trust in the 1st quarter valued at approximately $3,955,000. Bank of America Corp DE purchased a new position in shares of BlackRock Energy and Resources Trust during the second quarter worth about $2,129,000. &PARTNERS acquired a new position in BlackRock Energy and Resources Trust in the 4th quarter valued at about $1,048,000. Beacon Pointe Advisors LLC purchased a new stake in shares of BlackRock Energy and Resources Trust during the second quarter worth approximately $566,000. Finally, TMB Capital Partners LLC acquired a new stake in shares of BlackRock Energy and Resources Trust during the fourth quarter worth $307,000.

BlackRock Energy and Resources Trust Company Profile

BlackRock Energy and Resources Trust (NYSE: BGR) is a closed-end management investment company that seeks to provide a combination of current income and long-term capital appreciation. The trust focuses its investments primarily on equity and equity-related securities of companies engaged in the energy and natural resources sectors, including exploration, production, refining, distribution and related services.

The trust’s portfolio typically comprises common stocks, American Depositary Receipts (ADRs), master limited partnerships (MLPs) and other equity-linked instruments issued by firms operating in upstream and downstream energy markets, metals and mining, chemicals and related industries.